Examlex
Decision management is made up of:
Marginal Utility
The additional satisfaction or utility gained by consuming an additional unit of a good or service.
Total Utility
The total satisfaction or benefit a person receives from consuming a certain quantity of goods or services.
Marginal Utility
The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.
Total Utility
The total satisfaction or benefit derived by a consumer from consuming a particular quantity of goods or services.
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